Volvo Cars report best ever H1 sales in 2021

Worldwide
Published:  02 July, 2021
Volvo S90 MY22

The premium car manufacturer has reported its strongest first half year sales in the first six months of 2021 as it sold 380,757 cars globally, an increase of 41% compared with the same period in 2020.

The overall sales increase was driven by strong demand in China, the U.S. and Europe, all of which reported double-digit growth compared with the same period in 2020, when market conditions were affected by the Covid-19 pandemic.

For the month of June, Volvo Cars sold 68,224 cars globally, up 11% year-on-year.

For the first six months of 2021, the number of Volvo Cars cars sold online increased more than fivefold compared with the same period in 2020. The overall increase was driven by rising customer demand in combination with a broadened offer in more markets.

U.S. sales reached 63,754 cars in the first six months, up 47.4% year-on-year. The company’s SUV line-up, led by the XC60, XC90 and the XC40, remained popular in the region, contributing to the volume growth for the period.  In June, US sales rose by 18% to 12,258 cars.

Sales in China reached 95,252 cars in the first half, an increase of 44.9% compared to the same period in 2020. Sales for the month of June came in at 16,680 cars, up 10.4%.

For the first six months, European sales grew by 35.4% to 166,822 sold cars, compared with the same period in 2020 which was affected by the Covid-19 pandemic.

The increase for the period was mainly led by a strong performance in the UK. In June, European sales ended up at 28,695 cars, up 1.3%.